KEY MARKETS P&L
WCA 2022 2023 VS 22
VOLUMES
NTO
COS
GM
MI
OH
OIE
UOP
25.3
344
-162
182
-28
-19
-2
133
19.5
316
-156
160
-24
-18
26*
143
-22.8%
-8.0%
-3.4%
-12.1%
-12.5%
-3.5%
-1246%
+7.3%
WCM 2022 2023 VS 22
VOLUMES
NTO
COS
GM
MI
OH
OIE
UOP
14.3
181
-105
76
-13
-8
-4
51
10.3
168
-97
71
-8
-6
-1
55
-28.0%
-7.2%
-7.6%
-6.6%
-34.4%
-20.1
-81.6%
+9.0%
NIGERIA 2022 2023 VS 22
VOLUMES
NTO
COS
GM
MI
OH
OIE
UOP
10.9
163
-56
107
-15
-11
2
83
9.2
148
-59
89
-16
-12
26*
88
-15.9%
-8.9%
+4.6%
-16.1%
+6.5%
+8.7%
+1198%
+6.3%
GHANA 2022 2023 VS 22
VOLUMES
NTO
COS
GM
MI
OH
OIE
UOP
1.6
32
-11
20
-1
-1
-1
17
1.5
40
-21
18
-1
-1
3*
19
--8.7%
+25.2%
+84.1%
-8.2%
+10.3%
-32.5%
-595%
+13.7%
NIGER 2022 2023 VS 22
VOLUMES
NTO
COS
GM
MI
OH
OIE
UOP
3.1 3.1 3.1 3.1
29 29 29 29
-17-17-17-17
12 12 12 12
-1-1-1-1
----0-0-0-0
11 11 11 11
1.31.31.31.3
21212121
-10-10-10-10
11111111
-0-0-0-0
-0-0-0-0
---10**10**10**10**
-57.2%
-27.7%
-40.2%
-9.5%
-63.5%
+100%
-100%
-7.2%-7.2%-7.2%-7.2%
MALI 2022 2023 VS 22
VOLUMES
NTO
COS
GM
MI
OH
OIE
UOP
2.12.12.12.1
31313131
-13-13-13-13
18
-3-3-3-3
-1-1-1-1
-1-1-1-1
12121212
1.71.71.71.7
32323232
-12-12-12-12
20202020
-3-3-3-3
-1-1-1-1
-3-3-3-3
14141414
-18.6%
+2.4%
-9.3%
+11.3%
-19.6%
-43.0%
+121%
+11.1%
*OIE warehouses plug of £26.7m (Nigeria: £21.7m; Ghana £5m). Mitigations in place, to be accounted for in SOP 6 (Nigeria FX
and Niger excise)
**Niger update expected subject to excise reversal confirmation
WCA PERFORMANCE